Clark Nevada Services Agreement between The University of Memphis and UTEK Corp. regarding commercial development of specific intellectual property and technology

• Category: Corporations - Public - Services
• State: Multi-State
• County: Clark
• Control #: US-EG-9435
• Format: Word; Rich Text

Description

Services Agreement between The University of Memphis and UTEK Corporation regarding the commercial development of specific intellectual property and technology that is developed, invented or discovered at the University and building a bridge between Clark Nevada Services Agreement is a legal contract established between The University of Memphis and UTE Corp. The primary purpose of this agreement is to facilitate the commercial development of specific intellectual property and technology. It serves as a framework that defines the terms and conditions for collaboration and outlines the responsibilities of each party involved. The agreement covers various aspects related to the commercialization of intellectual property. It ensures that both The University of Memphis and UTE Corp. have a clear understanding of their rights, obligations, and expectations throughout the development and commercialization process. The agreement may also address matters such as licensing, royalties, confidentiality, and dispute resolution. Some relevant keywords for this topic include: 1. Intellectual property: Refers to intangible creations of the mind, such as inventions, designs, trademarks, and artistic works that are protected by laws governing patents, copyrights, and trademarks. 2. Technology: Encompasses any scientific or industrial knowledge, methods, processes, or systems that are used to create goods or provide services. 3. Commercial development: Involves the transformation of intellectual property and technology into marketable products or services with the aim of generating revenue. 4. University-industry partnership: Represents a collaborative relationship between academic institutions like The University of Memphis and private corporations like UTE Corp. to facilitate knowledge transfer and commercialize research findings. 5. Licensing: The process of granting permission to third parties to use specific intellectual property rights in exchange for agreed-upon terms, such as royalties or licensing fees. 6. Royalties: Payments made by licensees to the intellectual property owner based on a percentage of the revenue generated from the licensed technology or intellectual property. It is important to note that while the Clark Nevada Services Agreement is a general term, there may be variations or specific subtypes of this agreement tailored to the unique circumstances of each collaboration between The University of Memphis and UTE Corp. These variations could include agreements related to different types of intellectual property, such as patents, copyrights, or trademarks, as well as agreements specific to certain fields of technology or industries.

Clark Nevada Services Agreement is a legal contract established between The University of Memphis and UTE Corp. The primary purpose of this agreement is to facilitate the commercial development of specific intellectual property and technology. It serves as a framework that defines the terms and conditions for collaboration and outlines the responsibilities of each party involved. The agreement covers various aspects related to the commercialization of intellectual property. It ensures that both The University of Memphis and UTE Corp. have a clear understanding of their rights, obligations, and expectations throughout the development and commercialization process. The agreement may also address matters such as licensing, royalties, confidentiality, and dispute resolution. Some relevant keywords for this topic include: 1. Intellectual property: Refers to intangible creations of the mind, such as inventions, designs, trademarks, and artistic works that are protected by laws governing patents, copyrights, and trademarks. 2. Technology: Encompasses any scientific or industrial knowledge, methods, processes, or systems that are used to create goods or provide services. 3. Commercial development: Involves the transformation of intellectual property and technology into marketable products or services with the aim of generating revenue. 4. University-industry partnership: Represents a collaborative relationship between academic institutions like The University of Memphis and private corporations like UTE Corp. to facilitate knowledge transfer and commercialize research findings. 5. Licensing: The process of granting permission to third parties to use specific intellectual property rights in exchange for agreed-upon terms, such as royalties or licensing fees. 6. Royalties: Payments made by licensees to the intellectual property owner based on a percentage of the revenue generated from the licensed technology or intellectual property. It is important to note that while the Clark Nevada Services Agreement is a general term, there may be variations or specific subtypes of this agreement tailored to the unique circumstances of each collaboration between The University of Memphis and UTE Corp. These variations could include agreements related to different types of intellectual property, such as patents, copyrights, or trademarks, as well as agreements specific to certain fields of technology or industries.